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NEW YORK ( TheStreet) -- The ex-dividend date for Reinsurance Group of America (NYSE: RGA) is tomorrow, August 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $58.50 as of 9:34 a.m. ET, the dividend yield is 1.2%. The average volume for Reinsurance Group of America has been 467,000 shares per day over the past 30 days. Reinsurance Group of America has a market cap of $4.3 billion and is part of the financial sector and insurance industry. Shares are up 8.4% year to date as of the close of trading on Friday. Reinsurance Group of America, Incorporated, an insurance holding company, engages in individual and group life, annuity, asset-intensive, critical illness, and financial reinsurance in the United States, Canada, Europe, South Africa, and the Asia Pacific. The company has a P/E ratio of 7.2, above the average insurance industry P/E ratio of 7.1 and below the S&P 500 P/E ratio of 17.7.